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IMAC Holdings NasdaqCM:BACK Stock Report

Last Price

US$3.35

Market Cap

US$3.5m

7D

29.3%

1Y

-20.2%

Updated

15 Apr, 2024

Data

Company Financials +

BACK Stock Overview

IMAC Holdings, Inc. owns and manages innovative medical advancements and care regeneration centers, and backspace clinics in the United States.

BACK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

IMAC Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IMAC Holdings
Historical stock prices
Current Share PriceUS$3.35
52 Week HighUS$6.30
52 Week LowUS$1.22
Beta0.27
1 Month Change159.69%
3 Month Change48.89%
1 Year Change-20.24%
3 Year Change-92.84%
5 Year Change-97.38%
Change since IPO-96.97%

Recent News & Updates

Recent updates

IMAC Holdings, Inc.'s (NASDAQ:BACK) Business And Shares Still Trailing The Industry

Apr 18
IMAC Holdings, Inc.'s (NASDAQ:BACK) Business And Shares Still Trailing The Industry

Is IMAC Holdings (NASDAQ:IMAC) Using Debt In A Risky Way?

Oct 12
Is IMAC Holdings (NASDAQ:IMAC) Using Debt In A Risky Way?

IMAC expands Florida presence with Fort Pierce Chiropractic acquisition for undisclosed amount

Jun 14

We Think IMAC Holdings (NASDAQ:IMAC) Has A Fair Chunk Of Debt

Mar 06
We Think IMAC Holdings (NASDAQ:IMAC) Has A Fair Chunk Of Debt

IMAC expands Florida presence with Tampa clinic acquisition

Feb 04

IMAC acquires Synergy Healthcare, expanding Florida presence

Jan 14

IMAC completes first infusion of stem cells in parkinson’s disease study

Dec 30

IMAC Holdings receives $1.69M PPP loan waiver

Dec 04

IMAC Holdings EPS beats by $0.04, misses on revenue

Nov 12

Shareholder Returns

BACKUS HealthcareUS Market
7D29.3%-2.9%-3.1%
1Y-20.2%-5.2%20.9%

Return vs Industry: BACK underperformed the US Healthcare industry which returned -5.6% over the past year.

Return vs Market: BACK underperformed the US Market which returned 22.4% over the past year.

Price Volatility

Is BACK's price volatile compared to industry and market?
BACK volatility
BACK Average Weekly Movement30.0%
Healthcare Industry Average Movement7.5%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: BACK's share price has been volatile over the past 3 months.

Volatility Over Time: BACK's weekly volatility has increased from 22% to 30% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200085Jeff Ervinwww.imacholdings.com

IMAC Holdings, Inc. owns and manages innovative medical advancements and care regeneration centers, and backspace clinics in the United States. The company’s outpatient medical clinics provide regenerative, orthopedic, and minimally invasive procedures and therapies to patients with sports injuries, ligament and tendon damage, and other related soft tissue conditions, as well as back, knee, and joint pains. It also provides medical treatments, regenerative, spinal decompression, chiropractic manipulation, and physical medicine and therapy.

IMAC Holdings, Inc. Fundamentals Summary

How do IMAC Holdings's earnings and revenue compare to its market cap?
BACK fundamental statistics
Market capUS$3.51m
Earnings (TTM)-US$14.99m
Revenue (TTM)US$8.47m

0.4x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BACK income statement (TTM)
RevenueUS$8.47m
Cost of RevenueUS$8.78m
Gross Profit-US$305.49k
Other ExpensesUS$14.68m
Earnings-US$14.99m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-13.17
Gross Margin-3.60%
Net Profit Margin-176.86%
Debt/Equity Ratio4.3%

How did BACK perform over the long term?

See historical performance and comparison
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